834 Laguna Ave - Apartments FOR SALE


Los Angeles, CA 90026- Echo Park
$1,295,000 USD
213-785-8414
834 Laguna Ave, Los Angeles, CA for Sale
$1,295,000 USD
Apartments - FOR SALE
1/22
null | 5.19% Cap Rate

834 Laguna Ave
Los Angeles, CA 90026
Echo Park


HIGHLIGHTS

  • High Walk Score - Walking distance to Sunset Boulevard
  • Lots of Light and Views of the Hollywood Sign and Lake
  • Stabilized - 100% leased all near top of the market rents
  • Value Add - Opportunity

OVERVIEW

834 Laguna Avenue is a rare Echo Park opportunity — two detached duplexes on a single 4,034 SF lot, comprising two studios and two one-bedroom units across 1,520 SF of 1925 character construction. Two units deliver vacant at close of escrow, giving the incoming investor immediate ability to set market rents and select tenants. No displacement. No friction. Stabilization within a single lease cycle. Two seasoned tenants anchor the in-place cash flow: one month-to-month since 2022, one leased through July 2026. Coin-operated laundry generates supplemental income. Financials are underwritten conservatively — reassessed property tax and professional management fee applied. Actual NOI $67,211 | Pro Forma NOI $74,422 | 5.75% pro forma cap at $1,295,000. Situated within the Silver Lake–Echo Park HPOZ, the property benefits from a designation that limits overdevelopment and protects the neighborhood scale driving sustained rental demand. Echo Park's renter profile — urban, professionally employed, design-conscious — produces among the lowest vacancy rates in Los Angeles. Detached multifamily of this vintage and configuration rarely trades. OM available upon request.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$852 USD /SF

# OF UNITS

4

PRICE/UNIT

$323,750

CAP RATE

5.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,034 SF

ZONING

LARD2-1VL-HPOZ

APN/PARCEL ID

5404-022-023

ASK ABOUT THIS PROPERTY

Marcus O'BryantSitePlanMore Info
213-785-8414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Marcus O'BryantSitePlanMore Info
213-785-8414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.